On April 9, 2024, the International Accounting Standards Board (IASB) released IFRS 18 Presentation and Disclosure in Financial Statements, replacing IAS 1 Presentation of Financial Statements. This ...

IFRS 20 will help users understand how these timing differences affect the financial statements. It will improve ...

IFRS 19 is the latest IFRS accounting standard issued in May 2024. It is a disclosure-only standard that will significantly benefit many organisations and increase the pace of the adoption of global ...

In July 2009, the International Accounting Standards Board (IASB) released International Financial Reporting Standards designed for use by small and medium-sized entities (SMEs). IFRS for SMEs is a ...

The International Financial Reporting Standards Foundation has revised its Due Process Handbook, outlining the steps used for developing standards at the International Accounting Standards Board and ...

This article explains the approach taken by the IASB and reflects on the alignment approach adopted by the board. This article will be followed with two more articles in the same series on the third ...

“A well-architected solution.” “A solution clearly designed to meet regulatory requirements and industry needs.” “Combines speed, forecasting and reporting to cover core IFRS 9 requirements ...

As expected, an SEC report released Friday did not contain a recommendation on whether U.S. public companies should be allowed or required to adopt IFRS for their financial reporting. Although the ...

THIS article will give an overview of S1 and guidance in preparing for adoption of International Financial Reporting Standards (IFRS) S1. Finance and Economic Development minister Professor Mthuli ...

Bloomberg announced today that Intesa Sanpaolo, the Italian banking group, is using accounting data from Bloomberg to comply with the International Financial Reporting Standard 9, known as IFRS 9, an ...